NASDAQ:MNTS

Momentus (MNTS) Stock Forecast, Price & News

$0.32

-0.01 (-1.59%)

(As of 06/2/2023 08:48 PM ET)

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Today's Range: $0.31
▼
$0.35
50-Day Range: $0.32
▼
$0.59
52-Week Range: $0.30
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$3.84

Volume: 652,000 shs
Average Volume: 713,123 shs
Market Capitalization: $30.54 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.00

Momentus MarketRank™ Forecast

Analyst Rating: Reduce
1.00 Rating Score
Upside/Downside: 522.5% Upside
$2.00 Price Target
Short Interest: Healthy
6.99% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.06
Based on 4 Articles This Week
Insider Trading: Selling Shares
$22,786 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.57) to ($0.27) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.70 out of 5 stars

Aerospace Sector

33rd out of 45 stocks

Guided Missiles & Space Vehicles & Parts Industry

6th out of 8 stocks

2.5

Analyst's Opinion

Consensus Rating
Momentus has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $2.00, Momentus has a forecasted upside of 522.5% from its current price of $0.32.
Amount of Analyst Coverage
Momentus has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
6.99% of the float of Momentus has been sold short.
Short Interest Ratio / Days to Cover
Momentus has a short interest ratio ("days to cover") of 7.8.
Change versus previous month
Short interest in Momentus has recently decreased by 7.66%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Momentus does not currently pay a dividend.
Dividend Growth
Momentus does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MNTS.

1.1

News and Social Media Coverage

News Sentiment
Momentus has a news sentiment score of -0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Momentus this week, compared to 2 articles on an average week.
Search Interest
Only 2 people have searched for MNTS on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Momentus to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Momentus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $22,786.00 in company stock.
Percentage Held by Insiders
Only 2.50% of the stock of Momentus is held by insiders.
Percentage Held by Institutions
78.15% of the stock of Momentus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Momentus are expected to grow in the coming year, from ($0.57) to ($0.27) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Momentus is -0.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Momentus is -0.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Momentus has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Momentus (NASDAQ:MNTS) Stock

Momentus Inc., together with its subsidiaries, operates as a commercial space company. The company focuses on providing in-space infrastructure services, including in-space transportation, hosted payloads, and in-orbit services. Its principal and target customers include satellite operators. The company is headquartered in San Jose, California.

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MNTS Stock News Headlines

June 4, 2023 | fool.com

Momentus (NASDAQ: MNTS)

June 1, 2023 | wsj.com

Momentus Inc.

June 5, 2023 | Vector Vest (Ad)

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June 1, 2023 | finance.yahoo.com

Momentus and Axient to Collaborate on Space Services from Low-Earth Orbit to Cislunar Space

May 25, 2023 | finance.yahoo.com

Momentus to Deliver Lunasonde Technology Demonstration Payload to Orbit

May 22, 2023 | finance.yahoo.com

Momentus Grants Inducement Awards to New Employees

May 18, 2023 | finance.yahoo.com

Momentus Deploys Qosmosys Satellite and Starts Comprehensive On-Orbit Support of Caltech Hosted Payload

May 12, 2023 | finance.yahoo.com

Momentus Signs Launch Service Agreement with SpaceX

June 5, 2023 | Vector Vest (Ad)

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May 11, 2023 | msn.com

Momentus: Q1 Earnings Insights

May 11, 2023 | finance.yahoo.com

Momentus Inc. Announces First Quarter 2023 Financial Results

May 9, 2023 | finance.yahoo.com

Need a Lift? Astroscale and Momentus Team to Offer NASA a Commercial Solution to Reboost Hubble and Deliver Additional In-Space Servicing

May 8, 2023 | finance.yahoo.com

Momentus Achieves First Orbit Raise with Pioneering Propulsion System

May 3, 2023 | finance.yahoo.com

Momentus Announces Date of First Quarter 2023 Financial Results and Conference Call

May 3, 2023 | finance.yahoo.com

Momentus Signs Contract to Carry Hosted Payload for Hello Space

April 25, 2023 | finance.yahoo.com

Momentus Grants Inducement Award to New Employee

April 21, 2023 | americanbankingnews.com

Momentus Inc. (NASDAQ:MNTS) Short Interest Up 10.6% in March

April 17, 2023 | finance.yahoo.com

Momentus to Bring In-Space Infrastructure Expertise to 2023 Space Symposium

April 17, 2023 | benzinga.com

Momentus' New Spacecraft Engine Continues Successful In-Space Testing

April 17, 2023 | finance.yahoo.com

Momentus’ New Spacecraft Engine Continues Successful In-Space Testing

April 15, 2023 | finance.yahoo.com

Momentus Launches Vigoride-6 Orbital Service Vehicle on SpaceX Transporter-7 Mission

April 5, 2023 | finance.yahoo.com

New Chief Financial Officer Hire Strengthens Momentus’ Executive Leadership Team

March 31, 2023 | finance.yahoo.com

Momentus’ Pioneering Propulsion System Successfully Completes Initial Tests in Space

March 24, 2023 | businesswire.com

Momentus Grants Inducement Awards to 12 New Employees

March 23, 2023 | businesswire.com

Momentus Vigoride-5 Status Update #4

March 16, 2023 | seekingalpha.com

Momentus: Successful Launch, Maintain Buy-Venture Rating

March 8, 2023 | finance.yahoo.com

Momentus (NASDAQ: MNTS) Vigoride-6 Spacecraft Arrives at SpaceX Launch Site

See More Headlines

MNTS Price History

30 days | 90 days | 365 days | Advanced Chart

MNTS Company Calendar

Last Earnings: 3/07/2023
Today: 6/04/2023
Next Earnings (Estimated): 8/10/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Guided missiles & space vehicles & parts
Sub-Industry: N/A
Sector: Aerospace
Current Symbol: NASDAQ:MNTS
CUSIP: N/A
CIK: 1781162
Web: www.stableroadcapital.com
Phone: N/A
Fax: N/A
Employees: 118
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $2.00
High Stock Price Forecast: $2.00
Low Stock Price Forecast: $2.00
Forecasted Upside/Downside: +522.5%
Consensus Rating: Reduce
Rating Score (0-4): 1.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.08)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-95,440,000.00
Net Margins: -27,861.37%
Pretax Margin: -27,861.37%
Return on Equity: -166.35%
Return on Assets: -86.38%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 1.67
Quick Ratio: 1.67

Sales & Book Value

Annual Sales: $300,000.00
Price / Sales: 101.79
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.30 per share
Price / Book: 1.07

Miscellaneous

Outstanding Shares: 95,040,000
Free Float: 92,664,000
Market Cap: $30.54 million
Optionable: Not Optionable
Beta: 0.83

Key Executives

Mr. John Charles Rood (Age 52)
Chairman, Pres & CEO
Comp: $1.73M

Mr. Jikun Kim (Age 58)
Chief Financial Officer
Comp: $479.5k

Mr. Rob Schwarz (Age 50)
CTO and Interim Head of Engineering & Operations

Mr. Paul Ney (Age 63)
Chief Legal Officer & Corp. Sec.

Ms. Dawn A. Harms (Age 66)
Chief Revenue Officer

Ms. Karen Plonty
Chief Security Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MNTS Stock - Frequently Asked Questions

Should I buy or sell Momentus stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Momentus in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" MNTS shares.
View MNTS analyst ratings or view top-rated stocks.
What is Momentus' stock price forecast for 2023?: 1 brokerages have issued 1-year price targets for Momentus' stock. Their MNTS share price forecasts range from $2.00 to $2.00. On average, they anticipate the company's share price to reach $2.00 in the next twelve months. This suggests a possible upside of 522.5% from the stock's current price.
View analysts price targets for MNTS or view top-rated stocks among Wall Street analysts.
How have MNTS shares performed in 2023?: Momentus' stock was trading at $0.7799 at the beginning of the year. Since then, MNTS stock has decreased by 58.8% and is now trading at $0.3213.
View the best growth stocks for 2023 here.
When is Momentus' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our MNTS earnings forecast.
How were Momentus' earnings last quarter?: Momentus Inc. (NASDAQ:MNTS) released its earnings results on Tuesday, March, 7th. The company reported ($0.25) earnings per share for the quarter. The firm earned $0.12 million during the quarter. Momentus had a negative trailing twelve-month return on equity of 166.35% and a negative net margin of 27,861.37%.
What is Momentus' stock symbol?: Momentus trades on the NASDAQ under the ticker symbol "MNTS."

Who are Momentus' major shareholders?: Momentus' stock is owned by a variety of retail and institutional investors. Top institutional investors include Armistice Capital LLC (6.24%), BlackRock Inc. (3.83%), Geode Capital Management LLC (1.11%), State Street Corp (1.07%), Scoggin Management LP (0.82%) and Sigma Planning Corp (0.09%). Insiders that own company stock include Brian Kabot, Dawn A Harms, Fred G Kennedy III, Jikun Kim, John C Rood and Movers Lab Fund I Lp Prime.
View institutional ownership trends.
How do I buy shares of Momentus?: Shares of MNTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Momentus' stock price today?: One share of MNTS stock can currently be purchased for approximately $0.32.
How much money does Momentus make?: Momentus (NASDAQ:MNTS) has a market capitalization of $30.54 million and generates $300,000.00 in revenue each year. The company earns $-95,440,000.00 in net income (profit) each year or ($1.08) on an earnings per share basis.
How many employees does Momentus have?: The company employs 118 workers across the globe.
How can I contact Momentus?: Momentus' mailing address is 1345 ABBOT KINNEY BLVD., VENICE BEACH CA, 90291. The official website for the company is www.stableroadcapital.com. The company can be reached via email at investors@momentus.space.

This page (NASDAQ:MNTS) was last updated on 6/5/2023 by MarketBeat.com Staff

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